Originally published January 22, 2020 on Harvard Business Review by Doug Sundheim and Kate Starr Stakeholder capitalism, a popular management theory in the 1950s and ‘60s that focused on the needs of all constituents, not just shareholders, has been poised to make a comeback since weaponized financial instruments brought down the economy in 2008. Now,…
Originally published March 1, 2016 on Harvard Business Review by Doug Sundheim Used well, strategy meetings provide clarity and momentum. They align a team around key decisions and create positive energy. Used poorly, strategy meetings irritate people. They waste time and energy, or worse, strengthen entrenched points of view creating frustration and resignation. In my work…
Originally published July 2, 2015 on Harvard Business Review by Doug Sundheim Your team has identified an important goal to hit, challenge to be addressed, or opportunity to be pursued. You call a meeting or two, set objectives, put a plan together, and start to execute. Everything looks good on paper. But then your plan…
Originally published October 22, 2014 on Harvard Business Review by Doug Sundheim Successful innovators care about solving interesting and important problems — innovation is merely a byproduct. If this distinction seems like hair-splitting, it isn’t. The two focuses create vastly different realities. Focusing on innovating — as a worthy goal unto itself — tends to…
Originally published May 5, 2014 on Harvard Business Review by Doug Sundheim Several years ago a client of mine, Rob, fell in love with Jim Collins’s book Good to Great. Within a month he had given copies to everyone on his team. Soon after, language from the book made its way into Rob’s everyday speech.…
Originally published January 13, 2014 on Harvard Business Review by Doug Sundheim Anyone would be inspired by the story of Nick Woodman, the CEO of GoPro, a $2.5B company that makes wearable HD video cameras. The highlights: In the late 1990’s/early 2000’s, Woodman blows $4M of VC money on a failed venture called funBugs.com, an…
Originally published October 22, 2013 on Harvard Business Review by Doug Sundheim Last year Dina, a CEO I’d been working with, felt that leaders on her team were playing it too safe. They weren’t finding and pursuing new growth opportunities and it was crippling the organization. She kicked off her October management team meeting, which…
Originally published August 22, 2013 on Harvard Business Review by Doug Sundheim Setting strategy is elegant. It’s a clean and sophisticated process of collecting and analyzing data, generating insights, and identifying smart paths forward. Done at arm’s length in an academic fashion, tight logic is the only glue needed to hold ideas together. The output…
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